The Sequence of a Business Cycle Phases Is

question 90

Multiple Choice

The sequence of a business cycle phases is

• A)peak, trough, expansion, recession.
• B)peak, expansion, trough, recession.
• C)peak, recession, trough, expansion.
• D)peak, expansion, recession, trough.

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Definitions:

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Operating Activities

Transactions related to the primary business operations, like selling goods or services and other core business activities, reflected in the company's cash flow.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.